Tuesday’s Activity, 4 New Potential Targets

Tuesday’s Movers:

We finished out 2024 in solid fashion, with two out of the three possible plays we were tracking in our premarket report putting up some pretty good gains. This holiday season has definitely been a challenge, and we didn’t see a Santa Claus rally this year, but we fully expect things to pick back up around here in a big way starting on Tuesday, when we’ll be into some big name earnings reports once again.

As for Tuesday’s half day, here were the figures from the two runners on our options watchlist, the SPY 12/31 $589-590 Calls, and the RL Weekly 01/17 $230-240 Calls:

SPY 12/31 $589-590 Calls
$589:
.23-.79 (+243%)
$590: .14-.50 (+257%)
_____

RL Weekly 01/17 $230-240 Calls
$230:
6.50-8.85 (+36%)
$240: 2.55-3.56 (+40%)


Fresh Options Ideas: 
NVDA Weekly $135-136 Calls
PM 01/17 $121-122 Calls
KEYS 01/17 $160 Calls
JNJ Weekly $145 Calls


Extended Watchlist:
HOLO, ADGM, INTZ, CGBS, CMCT, REVB, CTCX, NITO, ALCE, AEI, VRME, ORIS

Solid Start to the Week, 3 Possible Runners

Monday’s Movers:

We may not have kicked off another fresh trading week by sweeping the board as we would have liked, but we still managed two out of three good plays in our premarket report for the session on Monday. It can certainly be a bit of a challenge to maintain through these earnings droughts, when typically, trading on the heels of earnings reports is our main formula. We most often do seem to find quality opportunities nonetheless.

Yesterday’s two standout targets were the TIGR 10/18 $13-14 Calls, and the BABA Weekly $117-118 Calls. These were the intraday upswings they recorded for the day:

TIGR 10/18 $13-14 Calls
$13:
 1.40-2.45 (+75%)
$14: 1.15-2.10 (+83%)
_____

BABA Weekly $117-118 Calls
$117:
 2.82-4.50 (+60%)
$118: 2.58-4.15 (+61%)


Fresh Options Ideas:
NVDA Weekly $129-130 Calls
SPY 10/08 $568-569 Calls*
PEP Weekly $167.50 Puts

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist:
NMHI, VIRI, BPTH, ALCE, TNXP, OTRK, IBG, ADTX

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